Chieru Completes Preliminary Audit Review Amid Legal Concerns

TOKYO, Jun 25 (Pulse News Wire) – Chieru CO.,LTD. (3933.T) completed a preliminary review of its audit process related to legal concerns raised against one of its subsidiaries.

On June 24, 2026, a special investigation committee reported progress without hindering the independence of the audit, leading the company to conclude that no adjustments to prior-year financial statements or changes to current figures are necessary. The company established the special investigation committee on June 3, 2026, involving external experts to address potential violations of laws by a subsidiary. While the final report from the committee remains pending, the interim findings indicate no significant issues impacting the company's accounting. As a result, CHIeru plans to file its securities report within the deadline set for the fiscal year ending March 31, 2026.

CHIeru emphasizes continued cooperation with the investigation committee and commits to promptly disclosing the final report once received. The company apologizes for any inconvenience caused to shareholders, investors, and stakeholders. Upcoming key events include the 29th Ordinary General Meeting of Shareholders scheduled for June 26, 2026, and the approval of consolidated financial statements for the fiscal year ending March 31, 2026, on June 30, 2026. Additionally, the final report from the special investigation committee is expected to be released and published in late July 2026.